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Table 2 Impact of improving the service quality of air–rail on market 3

From: Analysis of high-speed rail and airline transport cooperation in presence of non-purchase option

  Market 3 (AB)
  Connecting flights Air–rail Non-purchase
Market share \(\downarrow\) \(\uparrow\) \(\downarrow\)
Price \(\uparrow\) \(\uparrow\) —–
Total profit Ambiguous
Consumer surplus \(\uparrow\)
Social welfare Ambiguous
  1. “\(\uparrow\)” Increase, “\(\downarrow\)” Decrease, “—–” No change
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